When a business undercharges thier customers, more often than not they wish to save face by detracting the loss from their profit, and
"swallow" it.
"swallow" it.
by Kung-Fu Jesus April 15, 2004

(n.) text in which words are brought together by hyphenation that are not supposed to be hyphenated. Usually a cover for bad spelling.
Kung-Fu Jesus' definitions---->
by Kung-Fu Jesus February 17, 2007

hmv
by Kung-Fu Jesus May 03, 2004

The antoym of C'est la vie, this implies that the chase will not be given up. Literally translated to "It's the war", although better translation provieds "This is war".
by Kung-Fu Jesus May 09, 2004

You want me to give you this car for only ten grand? It's worth at least 15 according to the guide. No can do.
by Kung-Fu Jesus April 20, 2004

A finance lease is where a loaned asset is (in most cases) pimped to one party for the useful lifetime of it.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
by Kung-Fu Jesus April 30, 2004

by Kung-fu Jesus June 26, 2004
